INDI (Indie Semiconductor) EBIT: $-148.3 Mil (TTM As of Mar. 2026)


INDI Indie Semiconductor Inc INDI
79 GF Score
Price $3.57
GF Value $4.26
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Indie Semiconductor EBIT?

Indie Semiconductor INDI -3.77% 79 EBIT is $-148.3 Mil as of Mar. 2026. GuruFocus rates INDI with a GF Score™ of 79/100 and a GF Value™ of $4.26 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Indie Semiconductor's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-43.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-148.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indie Semiconductor's annualized ROC % for the quarter that ended in Mar. 2026 was -23.56%. Indie Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -121.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indie Semiconductor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.32%.


Indie Semiconductor  (NAS:INDI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Indie Semiconductor's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-155.476 * ( 1 - 0.67% )/( (657.186 + 654.077)/ 2 )
=-154.4343108/655.6315
=-23.56 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=840.786 - 38.144 - ( 145.456 - max(0, 76.546 - 285.768+145.456))
=657.186

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=869.563 - 41.053 - ( 174.433 - max(0, 79.641 - 327.16+174.433))
=654.077

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Indie Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-172.392/( ( (57.712 + max(80.56, 0)) + (57.802 + max(88.737, 0)) )/ 2 )
=-172.392/( ( 138.272 + 146.539 )/ 2 )
=-172.392/142.4055
=-121.06 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.485 + 48.618 + 34.209) - (38.144 + 12.196 + 9.412)
=80.56

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.499 + 57.038 + 35.19) - (41.053 + 10.965 + 11.972)
=88.737

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Indie Semiconductor's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-148.266/1035.125
=-14.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Indie Semiconductor EBIT Related Terms


Indie Semiconductor EBIT Historical Data

* Premium members only.

The historical data trend for Indie Semiconductor's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indie Semiconductor EBIT Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -117.70 -52.43 -124.74 -137.00 -137.77

Indie Semiconductor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.60 -36.53 -36.71 -31.93 -43.10

INDI vs CEVA, LAES, AOSL: EBIT Comparison

For the Semiconductors subindustry, Indie Semiconductor's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indie Semiconductor EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Indie Semiconductor's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indie Semiconductor's EV-to-EBIT falls into.


INDI
79GF Score
Indie Semiconductor Inc INDI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Indie Semiconductor EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-148.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-148.3 Mil mean?
Indie Semiconductor (INDI) has a EBIT of $-148.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indie Semiconductor.
Is Indie Semiconductor's EBIT too high?
Indie Semiconductor's current EBIT is $-148.3 Mil. Overall, Indie Semiconductor has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indie Semiconductor's EBIT compare to CEVA and LAES?
Indie Semiconductor's EBIT of $-148.3 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indie Semiconductor. Indie Semiconductor's current EBIT is $-148.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indie Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Indie Semiconductor (INDI) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.26, compared to a current price of $3.57 — trading 16.2% below its estimated fair value. The current EBIT is $-148.3 Mil. Indie Semiconductor's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Indie Semiconductor (INDI), the current EBIT is $-148.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indie Semiconductor (INDI) Overvalued in 2026?

Based on GuruFocus' analysis, Indie Semiconductor stock appears to be undervalued. The current stock price of $3.57 is trading 16.2% below its estimated GF Value™ of $4.26. GuruFocus considers Indie Semiconductor to be Modestly Undervalued.

Key valuation signals for INDI:

  • EBIT: $-148.3 Mil
  • GF Value™: $4.26 vs. price of $3.57 (16.2% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the INDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indie Semiconductor Business Description

Other Exchanges 48H:GermanyI2ND34:Brazil
Address 32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc caters to the autotech industry with semiconductors, photonics, and software platforms. The company's products include devices for a multitude of automotive applications spanning vision and radar processors, in-cabin wireless charging and USB power delivery, device interfacing through Apple CarPlay and Android Auto, and high-speed video and data connectivity. New products under evaluation or development include LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. Its Photonics division mainly offers low-noise lasers, standard, and custom light sources. Geographically, the company generates the majority of its revenue from Greater China and the rest from the United States, Europe, South Korea, and other regions.
79GF Score

Get the complete analysis for INDI

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.57
Price
$4.26
GF Value